Hi there <<First Name>>, not all positive cashflow properties are old and falling over in tiny little towns!

Check out these 3 year old concrete tilt slab construction 4 bedroom modern townhouses in central Dunedin. We have secured them at a huge $100k (27%) discount, which makes these great investments pre-tax cashflow positive!

Purchase Price       $270,000
Valuation               $345,000 (Capital Value) 
Registered Value   $370,000  
Discount $              $100,000    
Discount %                    27%
Weekly Rent                 $420       (current, but potential of upto $640 pw)
Gross Yield                   8.1%       (at current rent of $420pw)
Pre-tax Cashflow     $1,770 p.a. (at current rent of $420pw)
After-tax Cashflow   $6,148 p.a.

Year Built                   2006
Floor area                  105 sqm each unit
Construction              Concrete tilt slab
 

These townhouses are only 3 years old and are in excellent condition. They are centrally located just south of Dunedins main City centre.

Rental Upside
Currently these units are being rented by the room at $420pw total. Whereas the median rent for a room in central Dunedin is $160 (tenancy services market rent infomation) so a total of up to $640pw. Giving a massive upside on yield and cash flow. Even at $130pw per room this would give a gross yield of 10% on the purchase price!

These properties are currently available by assignment of our contract, on a first in first served basis. Our assignment fee is $8,500 per unit (we will offer discounted fees for purchase of multiple units)

Please email us if you are interested in this property, and we will email you the full property report, with further supporting information and more pictures of the property.

info@propertyinvestorcentre.co.nz